30 Aug 2021 18:58:00
Update the progress of the purchase of shares in Siam Future Development Public Company Limited and the tender offer for all the remaining shares in such company
Acquisition or disposition of assets (Translation) 30 August 2021 No. 51/2021/038 Update the progress of the purchase of shares in Siam Future Development Public Company Limited and the tender offer for all the remaining shares in such company To The President, The Stock Exchange of Thailand Reference is made to the disclosure information of Central Pattana Public Company Limited ("the Company") concerning the entering into the Share Sale and Purchase Agreement with Major Cineplex Group Company Limited and the Group of Shareholders which details are shown in the information disclosed to the Stock Exchange of Thailand ("SET") dated 25 August 2021. The Company would like to inform that Central World Company Limited ("Central World") (the subsidiary in which the Company direct and indirect holds 100% of shares) has now completed the purchase of shares in SF on 30 August 2021 for an aggregate of 1,111,781,388 shares, or equal to 52.15% of the total issued and outstanding shares of SF at the purchase price of THB 12.00 per share, in a total amount of THB 13,341,376,656. After the completion of shares purchase, the number of shares held by the Company and Central World is 1,199,370,588 shares or equal to 56.26% of the total issued and outstanding shares of SF. Therefore, Central World is required to make a tender offer for the remaining shares in SF with the amount of 932,550,343 shares (equal to 43.74% of the total issued and outstanding shares of SF) in accordance with the rules and conditions prescribed in the Notification of the Capital Market Supervisory Board No. ThorChor. 12/2554 Re: Rules, Conditions and Procedures for the Acquisition of Securities for Business Takeovers (as amended), at the same price as that of the purchase price of THB 12.00 per share as specified in the Share Sale and Purchase Agreement, in an approximate amount of THB 11,191 million ("the tender offer"). After the tender offer, the Company has a plan to delist SF from being a listed company in the SET. If the matter gains clarification, information shall be disclosed to the SET. Your acknowledgment of these matters would be appreciated. Sincerely, -Ampawee Chompoopongkasem- (Ms. Ampawee Chompoopongkasem) Company Secretary ______________________________________________________________________ Tender Offer Subject : Tender offer Listed company subject to tender offer : SIAM FUTURE DEVELOPMENT PUBLIC COMPANY LIMITED (SF) Offeror (Update) : Central World Company Limited Tender offer period (New) : From 10-Sep-2021 to 15-Oct-2021 Offer price Common shares (baht per share) : 12.00 Net price Common shares (baht per share) (Update) : 11.96 Tender offer : Not for delisting Date of securities payment settlement : 19-Oct-2021 (New) Tender Offer Agent (New) : Bualuang Securities Public Company Limited Remark (Update) : After the tender offer, the Company has a plan to delist SF from being a listed company in the SET. If the matter gains clarification, information shall be disclosed to the SET. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.